Consensus Shopify Inc.

Equities

SHOP

CA82509L1076

Market Closed - Nyse Other stock markets 21:00:02 31/05/2024 BST			5-day change	1st Jan Change
59.15 ^USD	+1.04%		+3.83%	-24.07%

05-27	ANALYST RECOMMENDATIONS : Boeing, Dell, Merck, RyanAir...
05-24	TSX Brief: Leaves Index Down Over the Week (Even After Hitting All Time Record Highs on Tuesday; But Up More Than 2% For Month of May So Far	MT

Evolution of the average Target Price on Shopify Inc.

Price target over the last 5 years

History of analyst recommendation changes

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Analyst Recommendations on Shopify Inc.

ANALYST RECOMMENDATIONS : Boeing, Dell, Merck, RyanAir...	05-27
ANALYST RECOMMENDATIONS : Airbnb, Best Buy, Nvidia, Uber, Unilever...	05-23
ANALYST RECOMMENDATIONS : Akamai Technologies, General Mills, Kraft Heinz, Nxp Semiconductors, Zoom...	05-22
Goldman Sachs Upgrades Shopify to Buy From Neutral, Adjusts Price Target to $74 From $67	05-22	MT
ANALYST RECOMMENDATIONS : Ecolab, Texas Instruments, Cisco, Britvic, Shopify...	05-16
Deutsche Bank Cuts Shopify Target to US$80, Maintains Buy Rating	05-09	MT
Barclays Adjusts Shopify's Price Target to $63 From $68, Keeps Equalweight Rating	05-09	MT
UBS Cuts Price Target on Shopify to $71 From $80, Maintains Neutral Rating	05-09	MT
Baird Adjusts Price Target on Shopify to $77 From $87, Keeps Outperform Rating	05-09	MT
Goldman Sachs Cuts Price Target on Shopify to $67 From $75, Maintains Neutral Rating	05-09	MT
Mizuho Securities Cuts Price Target on Shopify to $65 From $75, Maintains Neutral Rating	05-09	MT
Shopify Price Target Lowered to $72 at TD	05-09	MT
Shopify Upgraded to Outperform at ATB Capital	05-09	MT
Shopify Price Target Lowered to US$85 at CIBC	05-09	MT
Deutsche Bank Cuts Shopify Price Target to $80 From $95, Maintains Buy Rating	05-09	MT
Shopify Price Target Lowered to US$85 at RBC	05-09	MT
Piper Sandler Upgrades Shopify to Neutral From Underweight	05-09	MT
JMP Securities Upgrades Shopify to Market Outperform From Market Perform	05-09	MT
Piper Sandler Upgrades Shopify to Neutral From Underweight, Price Target at $63	05-09	MT
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Thursday; Arm Holdings, Airbnb to Decline	05-09	MT
RBC Cuts Price Target on Shopify to $85 From $100, Keeps Outperform Rating	05-09	MT
Morgan Stanley Lowers Price Target on Shopify to $80 From $85, Keeps Overweight Rating	05-09	MT
Wedbush Adjusts Price Target on Shopify to $68 From $75, Maintains Neutral Rating	05-09	MT
Truist Adjusts Price Target on Shopify to $65 From $85, Maintains Hold Rating	05-09	MT
Seaport Cuts Shopify's Price Target to $80 From $90, Buy Rating Maintained	05-08	MT

More recommendations

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

59.15 USD

Average target price

76.96 USD

Spread / Average Target

+30.10%

High Price Target

100 USD

Spread / Highest target

+69.06%

Low Price Target

63 USD

Spread / Lowest Target

+6.51%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Shopify Inc.

Goldman Sachs
Barclays
UBS
RBC Capital Markets
Truist Securities
Wedbush
Morgan Stanley
Piper Sandler
JMP Securities
Deutsche Bank Securities
CIBC World Markets
ATB Capital
TD Securities
Mizuho Securities
Baird
Seaport Global Securities
Citigroup
Loop Capital
BNP Paribas Exane
DA Davidson
Wells Fargo Securities
Canaccord Genuity
MoffettNathanson Research
Stifel Nicolaus
Roth MKM
Oppenheimer
DZ Bank
KGI Securities
Evercore ISI
Veritas
Scotiabank
Capital One Securities
Credit Suisse
Jefferies & Co.
Atlantic Equities
Morningstar
National Bank
KeyBanc Capital Markets
Needham & Co.
Roth Capital Partners
SMBC Nikko
BofA Securities
Benchmark Capital
William Blair & Co.
Susquehanna
Accountability Research
Wolfe Research
Rosenblatt Securities

Ratings for Shopify Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar